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On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for 0 million, giving Facebook a total implied value of around billion.

Microsoft's purchase included rights to place international advertisements on the social networking site.

Facebook has more than 2.2 billion monthly active users as of January 2018.

Its popularity has led to prominent media coverage for the company, including significant scrutiny over privacy and the psychological effects it has on users.

[...] I think it’s kind of silly that it would take the University a couple of years to get around to it.

I can do it better than they can, and I can do it in a week." In January 2004, Zuckerberg began writing code for a new website, known as "The Facebook", with the inspiration coming from an editorial in the Crimson about Facemash, stating that "It is clear that the technology needed to create a centralized Website is readily available ...

The company had slightly surpassed e Bay to become the third largest American web company after Google and

Zuckerberg faced expulsion and was charged by the administration with breach of security, violating copyrights, and violating individual privacy. Zuckerberg expanded on this initial project that semester by creating a social study tool ahead of an art history final exam.Additionally, users may join common-interest user groups organized by workplace, school, hobbies or other topics, and categorize their friends into lists such as "People From Work" or "Close Friends".Additionally, users can report or block unpleasant people.In late 2007, Facebook had 100,000 business pages (pages which allowed companies to promote themselves and attract customers).These started as group pages, but a new concept called company pages was planned.

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